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Unilever: Algorithms Replace Humans in Hiring Process

Kelsey Gee wrote about Unilever's "radical hiring experiment" in this morning's Wall Street Journal. Gee explained that, "To diversify its candidate pool for early-career roles that are a fast track to...

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Weekly Top 5 Papers â June 26th 2017

1. Availability Cascades and Risk Regulation by Timur Kuran (Duke University – Department of Economics) and Cass Sunstein (Harvard Law School)read more...

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A Partial Solution to Continuous Blotto. (arXiv:1706.08479v1 [q-fin.EC])

This paper analyzes the structure of mixed-strategy equilibria for Colonel Blotto games, where the outcome on each battlefield is a polynomial function of the difference between the two players'...

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Decomposition of Time Series Data to Check Consistency between Fund Style and...

We propose a novel approach for analysis of the composition of an equity mutual fund based on the time series decomposition of the price movements of the individual stocks of the fund. The proposed...

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An Investigation of the Structural Characteristics of the Indian IT Sector...

Time series analysis and forecasting of stock market prices has been a very active area of research over the last two decades. Availability of extremely fast and parallel architecture of computing and...

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Harmonisation of critical OTC derivatives data elements (other than UTI and...

The Committee on Payments and Market Infrastructures is publishing the "Harmonisation of critical OTC derivatives data elements (other than UTI and UPI) - third batch, consultative report", June 2017.

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Call for comments on harmonising OTC derivatives data elements

Press release about CPMI and IOSCO issuing consultative report on "Harmonisation of key OTC derivatives data elements (other than UTI and UPI) - second batch", 27 June 2017

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Call for comments on harmonising OTC derivatives data elements

IOSCO/MR/12/2017read more...

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Testimony of J. Christopher Giancarlo Acting-Chairman, Commodity Futures...

Testimony of J. Christopher Giancarlo Acting-Chairman, Commodity Futures Trading Commission before the U.S. Senate Committee on Appropriations Subcommittee on Financial Services and General Government

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How Do We Deal (Dysfunctionally) with a Heavy Workload?

Diwas S. KC, Maryam Kouchaki, Bradley R. Staats, and Francesca Gino have written an HBS Working Paper titled "Task Selection and Workload: A Focus on Completing Easy Tasks Hurts Long-Term Performance."...

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Equilibrium in a Competitive Insurance Market Under Adverse Selection with...

This paper investigates the existence and nature of equilibrium in a competitive insurance market under adverse selection with endogenously determined information structures. Rothschild-Stiglitz (RS)...

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Show me the Money: Federal R&D Support for Academic Chemistry, 1990-2009...

We examine the distribution of Federal support for chemistry Research and Development (R&D) performed at U.S. universities from 1990-2009. Federal R&D funding is an essential source of funds...

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Stock Volatility and the Great Depression -- by S. Gustavo S. Cortes, Marc D....

Stock volatility during the Great Depression was two to three times higher than any other period in American financial history. The period has been labelled a "volatility puzzle" because scholars have...

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Default Effects and Follow-On Behavior: Evidence from an Electricity Pricing...

We study default effects in the context of a residential electricity pricing program. We implement a large-scale randomized controlled trial in which one treatment group is given the option to opt-in...

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Leisure Luxuries and the Labor Supply of Young Men -- by Mark Aguiar, Mark...

Younger men, ages 21 to 30, exhibited a larger decline in work hours over the last fifteen years than older men or women. Since 2004, time-use data show that younger men distinctly shifted their...

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Pathways to Retirement through Self-Employment -- by Shanthi Ramnath, John B....

We examine the role of self-employment in retirement transitions using a panel of administrative tax data. We find that the hazard of self-employment increases at popular retirement ages associated...

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The Consequences of Educational Voucher Reform in Chile -- by Richard J....

In an effort to boost student achievement and reduce income-based gaps, the Chilean government passed the Preferential School Subsidy Law (SEP) in 2008, which altered the nation's 27-year-old universal...

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Split-Sample Strategies for Avoiding False Discoveries -- by Michael L....

Preanalysis plans (PAPs) have become an important tool for limiting false discoveries in field experiments. We evaluate the properties of an alternate approach which splits the data into two samples:...

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Option pricing under fast-varying and rough stochastic volatility....

Recent empirical studies suggest that the volatilities associated with financial time series exhibit short range correlations. This entails that the volatility process is very rough and its...

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An Investigation into Laboucheres Betting System to Improve Odds of Favorable...

The Labouchere gambling system is hypothesized to increase the probability of winning a predetermined arbitrary profit in a gambling system such as a coin flip or a roulette game in which both payouts...

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